Number of Private Apartment Units

	Oct-21	Oct-22	Oct-23	Oct-24
Bachelor	46	43	50	45
1 Bedroom	174	168	174	168
2 Bedroom	271	267	271	275
3 Bedroom +	14	13	13	13
Total	505	491	508	501

Private Apartment Vacancy Rates (%)

	Oct-21		Oct-22		Oct-23		Oct-24
Bachelor	0.0	c	0.0	d	0.0	d	0.0	d
1 Bedroom	0.0	c	0.0	d	0.0	d	0.0	d
2 Bedroom	1.1	a	1.0	a	0.4	a	1.5	c
3 Bedroom +	**		**		**		**
Total	0.6	a	0.6	b	0.2	b	0.8	d

Private Apartment Average Rents ($)

	Oct-21		Oct-22		Oct-23		Oct-24
Bachelor	712	a	783	a	750	b	763	a
1 Bedroom	824	a	923	a	990	b	1,004	a
2 Bedroom	1,103	a	1,094	a	1,255	a	1,278	a
3 Bedroom +	1,294	c	**		**		**
Total	977	a	1,019	a	1,119	a	1,113	a

Private Apartment Availability Rates (%)

	Oct-21	Oct-22	Oct-23	Oct-24
Bachelor	**	**	**	**
1 Bedroom	**	**	**	**
2 Bedroom	**	**	**	**
3 Bedroom +	**	**	**	**
Total	**	**	**	**

Private Apartment Estimate of Percentage Change (%) of Average Rent

	Oct-21		Oct-22		Oct-23	Oct-24
Bachelor	5.2	c	6.1	c	++	3.0	d
1 Bedroom	6.3	c	**		**	2.5	c
2 Bedroom	**		++		**	++
3 Bedroom +	**		**		**	**
Total	**		++		**	++

Notes

Source: CMHC Rental Market Survey

Notes:

The following letter codes are used to indicate the reliability of the estimates:

a — Excellent, b — Very good, c — Good, d — Poor (Use with Caution)
** — Data suppressed to protect confidentiality or data not statistically reliable.
++ — Change in rent is not statistically significant. This means that the change in rent is not statistically different than zero (0). (Applies only to % Change of Average Rent Tables).

The Percentage Change of Average Rent is a measure of the market movement, and is based on those structures that were common to the survey sample for both years.

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